Key regions: China, United Kingdom, Brazil, Israel, India
The CrowdLending (Business) market in CIS is experiencing significant growth and development.
Customer preferences: In the CrowdLending (Business) market in CIS, customers are increasingly turning to online platforms to obtain loans for their businesses. This shift in preference can be attributed to the convenience and ease of accessing funds through online platforms. Additionally, customers are attracted to the competitive interest rates offered by these platforms, which are often lower than traditional lending institutions.
Trends in the market: One of the key trends in the CrowdLending (Business) market in CIS is the rise of peer-to-peer lending platforms. These platforms connect borrowers directly with lenders, eliminating the need for intermediaries such as banks. This trend is driven by the desire for faster loan processing times and greater transparency in the lending process. Peer-to-peer lending platforms also offer borrowers more flexibility in terms of loan amounts and repayment schedules. Another trend in the market is the increasing participation of institutional investors. These investors are attracted to the high returns offered by the CrowdLending (Business) market in CIS, as well as the diversification opportunities it provides. As more institutional investors enter the market, the overall liquidity and availability of funds for borrowers is expected to increase.
Local special circumstances: The CrowdLending (Business) market in CIS is characterized by a high level of entrepreneurial activity. Many individuals in the region have a strong entrepreneurial spirit and are seeking funding to start or expand their businesses. This has created a strong demand for business loans, which is being met by the growing number of CrowdLending platforms in the region.
Underlying macroeconomic factors: The development of the CrowdLending (Business) market in CIS can be attributed to several underlying macroeconomic factors. Firstly, the region has experienced a period of economic growth in recent years, which has increased the demand for business loans. Additionally, the low interest rate environment in the CIS has made borrowing more attractive for businesses, leading to increased demand for loans. Furthermore, the regulatory environment in the CIS has been supportive of the development of the CrowdLending (Business) market. Governments in the region have implemented policies and regulations that promote financial innovation and entrepreneurship. This has created a favorable environment for the growth of online lending platforms. In conclusion, the CrowdLending (Business) market in CIS is experiencing significant growth and development. Customers are increasingly turning to online platforms for their business loan needs, attracted by the convenience and competitive interest rates offered. The rise of peer-to-peer lending platforms and the increasing participation of institutional investors are key trends in the market. The high level of entrepreneurial activity in the region and the supportive regulatory environment are underlying factors driving the development of the market.
Data coverage:
The data encompasses B2C enterprises. Figures are based on transaction values / revenues / assets under management and user data of relevant services and products offered within the FinTech market.Modeling approach / Market size:
Market sizes are determined through a combined top-down and bottom-up approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports of key players, industry reports, third-party reports, publicly available databases, and survey results from primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, population, internet penetration, smartphone penetration, credit card penetration, and online banking penetration. This data helps us estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption.Additional notes:
The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.
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